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Model Risk Project Manager

Job in Birmingham, Jefferson County, Alabama, 35275, USA
Listing for: FirstBank
Full Time position
Listed on 2026-01-12
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Financial Compliance
Salary/Wage Range or Industry Benchmark: 60000 - 80000 USD Yearly USD 60000.00 80000.00 YEAR
Job Description & How to Apply Below

Join to apply for the Model Risk Project Manager role at First Bank

The Model Risk Project Manager will support the Model Risk team through a variety of functions related to organizing and maintaining model risk governance documents; supervising validation activities to ensure that validation products adhere to established templates and standards documents; and maintaining relationships with internal and external stakeholders to support model risk projects and objectives.

Essential Duties and Responsibilities
  • Identify and determine whether an item meets the definition of a model or End User Computing (EUC)
  • Risk assess models/EUCs
  • Ensure all model and EUC metadata and lifecycle is current and complete within a centralized inventory of all models and EUCs used at FB
  • Obtain Statements of Work from consultants and advise on a yearly validation project schedule
  • Track validation project performance KRIs and prepare appropriate dashboard, status, and risk reporting
  • Provide constructive feedback and challenge on written validation reports to maintain a high level of quality while also communicating most salient points to an executive audience in written form
  • Utilize templates or workflow platforms to organize and systematize work
  • Understand Banking Regulations/Requirements related to Model Risk and/or Stress Testing
  • Develop a response plan and remediating Audit or Assurance function issues
Qualifications
  • Undergraduate degree in Business, Economics, Finance, Accounting, Statistics, or similar. Graduate degree preferred.
  • 5+ years’ experience in Risk/Finance/Banking
  • 2+ years’ experience managing staff, external consultants, or contractors
  • Experience in project management related to data, governance, compliance, audit, validations, banking systems, etc. required
  • Experience implementing or managing software or data platform transformation projects, User Acceptance Testing, Test Script or Technical Writing preferred
Skills and Abilities
  • Superior written and oral communication skills, with the ability to communicate effectively at all levels of the organization, with particular emphasis on being able to articulate complex topics in a manner digestible to a wide audience
  • Ability to focus on minor details with the understanding of how the individual details relate to the larger project
  • Demonstrated self-starter who can work independently with minimal supervision as well as in a highly collaborative team
  • Ability to manage multiple projects at once and meet deadlines
  • Ability to demonstrate the highest level of ethical behavior and confidentiality and maintain confidentiality with sensitive information
  • Respectful demeanor toward other associates and managers that promotes a positive and professional work environment
  • Understand and comply with bank policy, laws, regulations as applicable to your job duties. This includes but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy or any suspicious customer and/or account activity
  • Ability to visualize and/or diagram workflows/relational dependencies and business requirements
  • Ability to coach others to achieve high quality results through setting and reinforcing expectations

First Bank is an Equal Opportunity Employer, including disability.

Seniority level
  • Mid-Senior level
Employment type
  • Full-time
Job function
  • Finance and Sales

Location:

Birmingham, AL

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